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Then it would be very similar to MakerDAO?

• krzkaczor 6y ago
  Yes, in principle it looks very similar to MakerDAO but I think some details are different. For example DAI is pegged to one USD to make it as useful as possible but "The Reserve token will initially have a target value of $1.00, but is designed to go off of the peg from the US dollar in the long term.".